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Mar 15, 2012
03/12
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in the op-ed letter, he accused goldman for its "toxic and destructive" environment. darren gersh looks at what the letter says about goldman's culture. >> reporter: by now, goldman sachs c.e.o. lloyd blankfein is used to critics calling him a "money-sucking vampire squid"-- or worse-- but this morning the attack came from one of his own. in his "i quit" letter, greg smith, a mid-level executive for goldman sachs, said he was sick of a culture where clients were called "muppets" and employees were expected to "hunt elephants" by getting clients to make big trades that led to big profits for goldman. smith closed with this parting shot: "people who care only about making money will not sustain this firm or the trust of its clients for very much longer." "hard-hitting and accurate"-- that's how charles ellis, author of the partnership, the making of goldman sachs, describes smith's op-ed. >> goldman sachs had a unique, privileged position of trust, and it needs to rebuild the base upon which its clients can trust it. >> reporter: and ellis has some advice for blankfein
in the op-ed letter, he accused goldman for its "toxic and destructive" environment. darren gersh looks at what the letter says about goldman's culture. >> reporter: by now, goldman sachs c.e.o. lloyd blankfein is used to critics calling him a "money-sucking vampire squid"-- or worse-- but this morning the attack came from one of his own. in his "i quit" letter, greg smith, a mid-level executive for goldman sachs, said he was sick of a culture where clients...
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Sep 26, 2012
09/12
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. >> how is the environment different than four years ago? >> four years ago we had a financial meltdown and there was a lot of leverage. and crude went to 149. that doesn't xifl exist this go around. >> john netto, thank you very much. >> tom: tomorrow, we continue "politics and the pits". we hear what gold traders are watching in this year's election. the positive data on home prices and consumer confidence wasn't enough to keep stock buyers interested throughout today's trading. it did help the morning trading with the s&p 500 in positive territory through the noon hour, eastern time. comments about the "meager benefits" of the federal reserve's latest bond buying program coming from the head of the philadelphia fed bank weighed on the index, and it sank into the closing bell, finishing down 1.1%. trading volume increased from yesterday's pace-- 752 million on the big board; just under two billion on the nasdaq. financial stocks, technology and the materials sector led the losers, down 1.5% each. caterpillar's warning about its 2015 earnin
. >> how is the environment different than four years ago? >> four years ago we had a financial meltdown and there was a lot of leverage. and crude went to 149. that doesn't xifl exist this go around. >> john netto, thank you very much. >> tom: tomorrow, we continue "politics and the pits". we hear what gold traders are watching in this year's election. the positive data on home prices and consumer confidence wasn't enough to keep stock buyers interested...
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Oct 3, 2012
10/12
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we realize politicians don't create job but at least enhancing the environment that can create jobs. >> brown: do you think there's much enthusiasm? >> as a conservative i am much more enthusiastic about mitt romney than i was john mccain. i thought john mccain was just an extension of george bush. we had had enough of that. >> brown: but polls show enthusiasm remains a question mark here for mitt romney and for the president. he also has to worry about criticism from his left. people like duke economics professor william garretty who cites the almost one in five blacks out of work here and says the president simply hasn't done enough to help. >> that's pretty staggering actually. i mean, we're approaching the kinds of unemployment rates that existed in the united states at the height of the great depression. in the african-american community in north carolina. >> brown: he has decided to sit out the presidential vote >> i'm going to vote for the other offices on the ballot but i'm just not going to cast a vote for the presidency >> brown: you're not? no brown: you feel okay i feel o
we realize politicians don't create job but at least enhancing the environment that can create jobs. >> brown: do you think there's much enthusiasm? >> as a conservative i am much more enthusiastic about mitt romney than i was john mccain. i thought john mccain was just an extension of george bush. we had had enough of that. >> brown: but polls show enthusiasm remains a question mark here for mitt romney and for the president. he also has to worry about criticism from his...
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Jul 24, 2012
07/12
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environment and you buy a computer and it has norton attached to it. it's a cheap stock trading at eight-and-a-half times next year's sales and less than a more kate multiple. maybe it's worth buying here when we learn the earnings next week. >> checkpoint software based in israel, chkp, the ticker stim bowl down from the april highs has seen a pop rately after better second quarter earnings and $1 billion stock by-back plan in the next couple of years. >> the stock is down 10% nor the year and trades at about a market multiple of about 13-and-a-half times next year's earnings. the israelis do security very well and comes out of their i guess you call it their military technology complex. so, we are going to see the checkpoint does. once again, it's a very big-time for security stocks and checkpoint is one of the leaders. >> tom: i mention a firewall company and its among the largest out there. among the smaller someones a company called sourcefire. fire, the ticker symbol. a billion dollar market cap but strong growth here. could this be a potential c
environment and you buy a computer and it has norton attached to it. it's a cheap stock trading at eight-and-a-half times next year's sales and less than a more kate multiple. maybe it's worth buying here when we learn the earnings next week. >> checkpoint software based in israel, chkp, the ticker stim bowl down from the april highs has seen a pop rately after better second quarter earnings and $1 billion stock by-back plan in the next couple of years. >> the stock is down 10% nor...
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Sep 17, 2012
09/12
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tavis: how did you come to be so passionate about the environment specifically? >> because i have children, because the knowledge that we are devastating our national resources and that we continue to be addicted to the very thing that is killing us, fossil fuel, chemicals, power plants that are spewing fossil fuel, that we are addicted to them. they're killing us and we are not involved enough and there's not enough money behind alternative energy and there should have been. we could have done it, we haven't done it, we have to do it. global warming is happening. climate change is here. person want to be the that doesn't talk about it. i don't want to be the person that denies it. there's too much science. there was a moment in the early 90's and that was when i had my first kid. i mean, this is really selfish, you know. i had my first kid and i thought, oh, my gosh. i started learning about what was really going on. they talked about greenhouse. remember, the "time magazine" said, "what is the greenhouse effect?" there was a moment where we were all really moti
tavis: how did you come to be so passionate about the environment specifically? >> because i have children, because the knowledge that we are devastating our national resources and that we continue to be addicted to the very thing that is killing us, fossil fuel, chemicals, power plants that are spewing fossil fuel, that we are addicted to them. they're killing us and we are not involved enough and there's not enough money behind alternative energy and there should have been. we could...
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Oct 18, 2012
10/12
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but we're coming from very low price environment, if you look through history. in terms of disstill ats, the heating oil, we have very low inventories, and in part it's because a lot of disstill at are being exported from the united states to latin america where demand is growing far faster than that region can define heating oil. and as a consequence, inventories in the united states are low for this time of year. if we have a colder be normal winter, one should expect prices to rise. however i believe that the projections for weather for the united states this winter are around normal. but clearly an unexpected cold spell could lead to a price spike. >> susie: all right. we'll have to leave it there. thanks for coming on our prom. gareth lewis-davies. >> susie: the f.b.i. today arrested a suspect for allegedly attempting to blow up the federal reserve bank in lower manhattan, just blocks away from the new york stock exchange. no one was hurt. undercover agents were monitoring the man's actions and say quazi nafis tried to set off what he thought was a 1,000 po
but we're coming from very low price environment, if you look through history. in terms of disstill ats, the heating oil, we have very low inventories, and in part it's because a lot of disstill at are being exported from the united states to latin america where demand is growing far faster than that region can define heating oil. and as a consequence, inventories in the united states are low for this time of year. if we have a colder be normal winter, one should expect prices to rise. however...
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Nov 3, 2012
11/12
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is another thing we're worried about-- longer term makes some sense. >> tom: so rising interest rate environment, possibly higher inflation, higher taxes. not exactly the most shiny of forecasts for investors. >> well, there is something you can do about it. you can avoid that tax drag by maximizing your investments in qualified plans. you can keep up with modest inflation by making sure you have your asset allocation mix right. inflation really picks the pocket of the bond investor, but dividend paying stocks and dividends of the markets can keep up with a modestly rising inflation environment. we have seen dividend increases some in the s & p this year and we have seen it as sigh sign of confidence in the management and we think they will put the cash to work once the uncertainty of the election is out. >> energy is one of the stowks like, traditionally a dividend area. but the price of energy stocks has gotten hit lately. >> it has. sectors underperformed but the balance sheets are in very good shape. we think the supply-demand dynamics there are quite good, and that cash flow again can be a
is another thing we're worried about-- longer term makes some sense. >> tom: so rising interest rate environment, possibly higher inflation, higher taxes. not exactly the most shiny of forecasts for investors. >> well, there is something you can do about it. you can avoid that tax drag by maximizing your investments in qualified plans. you can keep up with modest inflation by making sure you have your asset allocation mix right. inflation really picks the pocket of the bond...
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Dec 16, 2012
12/12
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. >> it's the kind of environment that there's really an atmosphere, in fact, a legal atmosphere, we don't really want that many guns around. >> john, we know the mayor of new york doesn't want any guns. >> this is terrorism. >> hunters, perhaps. >> this is terrorism of its own particular sort. if parents are afraid to send their children to school, you're afraid to go to a shopping mall, and every man you see in a ski cap is a danger -- snow a distinguished black journalist in washington, a columnist who heard a fracas outside his front door, thought to have guns in their home. john, half the men in america, half the in two. when in doubt, punt. >> the u.s. chamber of commerce represents the interests of more than 3 million businesses. small shops to large corporations. the 100-year-old chamber has offices and staff in every major city girdling the globe. now, regarding the fiscal cliff gridlock, what is the judgment of the chamber? answer. don't do anything now. punt. instead of lawmakers racing in the 14 days left of their lame duck session with christmas day in the middle of it,
. >> it's the kind of environment that there's really an atmosphere, in fact, a legal atmosphere, we don't really want that many guns around. >> john, we know the mayor of new york doesn't want any guns. >> this is terrorism. >> hunters, perhaps. >> this is terrorism of its own particular sort. if parents are afraid to send their children to school, you're afraid to go to a shopping mall, and every man you see in a ski cap is a danger -- snow a distinguished black...
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Oct 26, 2012
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so how much of this is the environment, the consumer that p&g is trying to grab and how much is procter & gamble itself? >> well, to be fair, the number you quote includes the effective currency which of course they can't control and of course all their competitors face as well, including the effective currency. they were up in four out of five categories. and that still is not enough. i think to reward shareholders they need to invest in a way that they can get all five businesses growing, and accelerate that organic growth rate to mid single digits. >> tom: talk about that investment. because p&g is known for big spending on marketing, advertising, research and development. so is it forsaking kind of these future investments in order to show better earnings now? >> so it's along the lines of those investments they've always made an ample quantities. and you know, additionally this is a portfolio that was sort of built for a bygone consumer era where consumers had a lot of exses money to trade up to the next best tube of toothpaste or next best diaper. and the more effective laundry de
so how much of this is the environment, the consumer that p&g is trying to grab and how much is procter & gamble itself? >> well, to be fair, the number you quote includes the effective currency which of course they can't control and of course all their competitors face as well, including the effective currency. they were up in four out of five categories. and that still is not enough. i think to reward shareholders they need to invest in a way that they can get all five...
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Sep 11, 2012
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certainly are based on an unsustainable environment, an environment of continuous low-interest rates. but the gains are real though, aren't they? >> the gains are real. and i think at the end of the day it's important that investors take a step back and realize what it is that they are buying when they are buying into the equity markets. you're buying a future share, your stream of easternings. when you take a look at profitability in the u.s., companies look very good. they prove to be very resilient and in the second quarter the s&p 500 posted an all-time record high in corporate profitability so net-net i do think there are some opportunities and there are clearly some reasons to be anxious and nervous this is why we continue to stress to our investors you need to have a balanced approach. >> joe tanious with us balancing the global risk and rewards with jpmorgan fund. >> tom: school is out for 350,000 chicago school kids. the city's public school teachers walked off their jobs today in the city's first strike in a quarter of a century. as diane eastabrook reports the strike is tes
certainly are based on an unsustainable environment, an environment of continuous low-interest rates. but the gains are real though, aren't they? >> the gains are real. and i think at the end of the day it's important that investors take a step back and realize what it is that they are buying when they are buying into the equity markets. you're buying a future share, your stream of easternings. when you take a look at profitability in the u.s., companies look very good. they prove to be...
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Mar 16, 2012
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coverage of the pipes that were laid about 30 years ago was just about 25-30% of the metropolis and its environs. hence, the need to lay new pipe networks. >> reporter: facing public criticism about the aging pipes, the government has asked contractors to submit proposals to expand the pipe network. >> is there any timeframe? people are waiting, people are expectant. >> don't worry, don't worry, in the next, six months, 12 months. it's far, it's far. we are expecting that by the time we start pumping the water out. >> experts say it may blow and... >> pipes busting? i want to see that, want to see that. >> okay, you want to see that before you intervene? it brings to mind an occurrence which in the early '90s, another locality very close to makurdi, this great water project was commissioned. however, the day it was test run, the whole city, the whole town was flooded because the pipe busted, because some people say faulty technical work. >> reporter: in the neighboring country of ghana, residents of the capital, accra, are frustrated with the government's failure to provide a reliable supply of
coverage of the pipes that were laid about 30 years ago was just about 25-30% of the metropolis and its environs. hence, the need to lay new pipe networks. >> reporter: facing public criticism about the aging pipes, the government has asked contractors to submit proposals to expand the pipe network. >> is there any timeframe? people are waiting, people are expectant. >> don't worry, don't worry, in the next, six months, 12 months. it's far, it's far. we are expecting that by...
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Jan 3, 2012
01/12
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but it was a changing environment. >> i think she really wanted to impress her father, who was a business school professor. and that created an extraordinary determination for her. unfortunately, also her mother was very ill when she was a teenager and eventually died when she was 19. and so that created a really fierce independence in her. so i think those two things together made her as passionate as she is, and aspiration al as she is. she finds great success. >> it was a big hole for both my brother and myself and certainly for my father, to adjust to the center, the nexuss of our existence leaving. >> tom: another crushing loss happened on september 11, 2001, she was in san francisco visiting a client and witnessed the horror both on television and in the voice of a colleague a was on the phone from the offices on the 105th floor of the south tower of the world trade center when the second plane hit. 176 employees at aon lost their lives that day and she worked hard to help their families and the survivors. >> my... found out what she could do and became a self appointed ambassador f
but it was a changing environment. >> i think she really wanted to impress her father, who was a business school professor. and that created an extraordinary determination for her. unfortunately, also her mother was very ill when she was a teenager and eventually died when she was 19. and so that created a really fierce independence in her. so i think those two things together made her as passionate as she is, and aspiration al as she is. she finds great success. >> it was a big...
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Jun 30, 2012
06/12
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. >> i think it's fantastic for people to come to the store and really relax in the environment without the craziness of the streets of new york. >> and they will open in other locations around the nation in the next few years. erika miller, nbr, new york. >> tom: next week on the program. the foodie craze continues, how savyier customers are changing the restaurant business. several retailers report their june sales figures next week. and it's the report wall street's waiting for, the june employment numbers are out friday. we'll find out how many jobs were added to u.s. payrolls this month. >> susie: it doesn't matter what business you're in, it's always important to take good care of your customers. this week lou's been thinking about the difference between customer service and hospitality. here's author and educator lou heckler. >> i'd like to think i have a little in common with danny meyer. meyer is the operator of a number of wildly successful restaurants such as gramercy tavern and shake shack. in his book, "setting the table," he writes that he focuses not on traditional custom
. >> i think it's fantastic for people to come to the store and really relax in the environment without the craziness of the streets of new york. >> and they will open in other locations around the nation in the next few years. erika miller, nbr, new york. >> tom: next week on the program. the foodie craze continues, how savyier customers are changing the restaurant business. several retailers report their june sales figures next week. and it's the report wall street's waiting...
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Oct 31, 2012
10/12
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in fact, you unpack the environment section of what people care about, climate tends to rank virtually dead last. people are more concerned with their local environment: air pollution, water pollution, things like that. this is why we've seen these new poll-tested terms like "carbon pollution." c.o.-2 is the thing i'm exiling at you right now, we breathe out carbon dioxide. so we're seeing new terms called green energy instead of climate change because polls show people are skeptical and dubious of those motivations. they believe it's been overblown and it turns people off. >> suarez: joseph romm, why haven't we heard more about this topic during the national campaign? >> well, of course, mitt romney gets money from fossil fuel interests that's one reason he even opposes a clean energy tax credit for wind. obama, i think, is just misreading the polls entirely. the latest polling shows that -- i think ken is right. when global warming becomes local that the public becomes concerned about it. that's why the polls in the last two years have shown the public is increasingly concerned and t
in fact, you unpack the environment section of what people care about, climate tends to rank virtually dead last. people are more concerned with their local environment: air pollution, water pollution, things like that. this is why we've seen these new poll-tested terms like "carbon pollution." c.o.-2 is the thing i'm exiling at you right now, we breathe out carbon dioxide. so we're seeing new terms called green energy instead of climate change because polls show people are skeptical...
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Dec 24, 2012
12/12
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i have made all of these friends in congress, on both sides of the aisle, people who care about the environment, and i love the work, because we have not gotten there yet, but needed all those people who really want to make a difference in that field is important to me. tavis: i am not going to give out your home address, but you spend a great deal of your time in idaho. about 33 years by my count. what has that space -- being away from the rat race, not being in new york, not being in l.a., what has the solitude done for your songwriting? >> i think it can only have made it better. i think i am stimulated to right by the turmoil of the city, by the confusion and problems, but i am also nearest by the solitude, the closest to the nature region the closeness to nature. people say, what does wilderness mean when you are starving? i get that, but i also does not mean to destroy the wilderness, because when you are not starving you are going to want a place to go and your kids and grandkids are going to want a place to go, so i see it as my responsibility to take care of the problems in the city, b
i have made all of these friends in congress, on both sides of the aisle, people who care about the environment, and i love the work, because we have not gotten there yet, but needed all those people who really want to make a difference in that field is important to me. tavis: i am not going to give out your home address, but you spend a great deal of your time in idaho. about 33 years by my count. what has that space -- being away from the rat race, not being in new york, not being in l.a.,...
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Apr 7, 2012
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>> they're seeing a better environment. they're seeing land prices at a low point that they've never seen before. they're seeing again this pent-up demand. there was an article recently about people with 200,000 miles on their car. that's the new 100,000. people are waiting to do things until the last possible moment. we're seeing that in housing, too. people need to move and upgrade their homes. nibble the last three months we've entertained and may have approved more construction loans than we've done in the last two years. >> susie: how about getting a mortgage? is it easer. >> >> i wouldn't say it's easier. i will tell you interest rates are lower so more people can qualify, that's good. i think there's now no longer the big disconnect between the price of a home and what someone can afford to pay. but all the products that were out there that got us in trouble no longer exist. so many more mortgages are winding up on bank balance sheet it is way it should be and banks are doing what they need to do to have properly qua
>> they're seeing a better environment. they're seeing land prices at a low point that they've never seen before. they're seeing again this pent-up demand. there was an article recently about people with 200,000 miles on their car. that's the new 100,000. people are waiting to do things until the last possible moment. we're seeing that in housing, too. people need to move and upgrade their homes. nibble the last three months we've entertained and may have approved more construction loans...
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Apr 5, 2012
04/12
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. >> for many parents in competitive american environment, getting their children into a good preschool can start right after the first sonogram. the expensive, stressful process is at its most intense in new york city. one-third of the children there do not get state-funded preschools laws, and in response, some parents are setting up their own underground schools. >> is drop of time for preschoolers in brooklyn, but this is no ordinary school. it is a cooperative run by the parents. there are 10 more such schools in this neighborhood alone. >> i ask if anyone was interested in a school, and i got over 75 responses. >> jennifer and her parents colleagues have designed a curriculum for these three-year- old. what drove them to make all this effort? >> the private systems were never created to hold mass amounts. they were created for a more elite group of people. glaxo is this the answer? >> it may be. it is a grassroots thing, people taking what really matters into their own hands. >> publicly funded preschool places are at a premium. a co-op cost less than a private preschool and paren
. >> for many parents in competitive american environment, getting their children into a good preschool can start right after the first sonogram. the expensive, stressful process is at its most intense in new york city. one-third of the children there do not get state-funded preschools laws, and in response, some parents are setting up their own underground schools. >> is drop of time for preschoolers in brooklyn, but this is no ordinary school. it is a cooperative run by the...
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Mar 12, 2012
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doing buildings that people use in a good way and that contribute and that look good and are part of environment, that makes me happy. >> rose: we continue with a look at a new exhi business in philadelphia about vincent van gogh. >> our show is the last three and a half, four years. >> rose: very productive time. >> hugely just dying to paint, can't wait to get back in there as nature would often prevent, of course. but just these points of entry are, he has this no doubt of his absolute confi debs. this man is presented and famously so for all of his horrible, physical and mental sort of disasters rolling around within a faster rate of reoccurrence in the very time period we're dealing with. but the way that he is just heaving on with huge energy to get out there. it's kind of like a horse race. he wants to be out there in as radical as can be. and he knows a huge amount. he was friends with everyone, his brother who knew all the impressionists, he had a wonderful perspective on what was going on. he was positioning himself out there and what he had to do. and any numbers of way as a maker of
doing buildings that people use in a good way and that contribute and that look good and are part of environment, that makes me happy. >> rose: we continue with a look at a new exhi business in philadelphia about vincent van gogh. >> our show is the last three and a half, four years. >> rose: very productive time. >> hugely just dying to paint, can't wait to get back in there as nature would often prevent, of course. but just these points of entry are, he has this no...
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Nov 8, 2012
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. >> you are worried about the environment and climate change. philip wiley wrote "generation of vipers." he said he will never convince man if you talk to him about generations not yet born. man desires immortality. if you desire immortality, you would rather build a smokestack then stopped the environment from getting worse because you are not thinking about your great great great grandchildren. your thinking about you and your son. tavis: i take that. the problem is every politician always preaches about how this will impact our kids and our grandkids. we cannot pass this debt on to future generations. it works rhetorically but it did not worked. >> there are people in denial about climate change. tavis: what is paul ryan's future? was this not a win for him either way? >> he lost his state. he is dynamic. i do not think he is presidential timbre yet, he might throw himself in that race. if he is a tea party candidate, he might win the primaries but he is going to be around, he will be a force, he is likable, i think. i do not dismiss anything
. >> you are worried about the environment and climate change. philip wiley wrote "generation of vipers." he said he will never convince man if you talk to him about generations not yet born. man desires immortality. if you desire immortality, you would rather build a smokestack then stopped the environment from getting worse because you are not thinking about your great great great grandchildren. your thinking about you and your son. tavis: i take that. the problem is every...
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May 31, 2012
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we like companies that have high free cash flow, high return on equities in this type of environment. it's going to be challenging i think for all investors, but typically dividend paying stocks are a good place to be when the market becomes more cautious, as we see today. >> tom: certainly with interest rates being as low as they are hitting the yield and possible stock appreciation, nice one-two punch. you're looking in energy for one place, xle, the etf following the energy energy sector, you see oil prices at 10-month lows, does this concern you? >> it's a little concerning, we think there will be a pickup in demand right now. a lot of the pullback in oil prices has been based on a slowdown in global growth, that although broader economic growth will be challenging we still think demand will pick up and in fact be quite strong. we like the energy sector, quality management in those companies, fairly respectful dividend yields, and we think in this environment late cyclical stocks, particularly energy, and the technology sectors are a good place to be. >> tom: i wanted to get to te
we like companies that have high free cash flow, high return on equities in this type of environment. it's going to be challenging i think for all investors, but typically dividend paying stocks are a good place to be when the market becomes more cautious, as we see today. >> tom: certainly with interest rates being as low as they are hitting the yield and possible stock appreciation, nice one-two punch. you're looking in energy for one place, xle, the etf following the energy energy...
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May 16, 2012
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, and i have made all of these friends really on both sides of the aisle, people who care about the environment, and i just love the work because we have not gotten there yet, but just meeting all of those people who really want to make a difference is important to me. it is in the book. tavis: you have a home in idaho. by about 33 years by my account. what has that space, or put another way, being away from the rat race, not being in new york, not being an l.a., my word the solitude of being in that space? >> i think it can only have made it better. i think that i am stimulated to right by the turmoil of the city, by the confusion, by the problems, but i am also nourished by the solitude, the closeness of nature. when people say what does wilderness mean, i get that. i get that. but i also think it does not mean destroy the wilderness because it is an important part, and you are going to want to have a place to go, and your kids and your grandkids are going to want to have a place to go, so i see it is part of my responsibility with the problems going on in the city right now, but to take care
, and i have made all of these friends really on both sides of the aisle, people who care about the environment, and i just love the work because we have not gotten there yet, but just meeting all of those people who really want to make a difference is important to me. it is in the book. tavis: you have a home in idaho. by about 33 years by my account. what has that space, or put another way, being away from the rat race, not being in new york, not being an l.a., my word the solitude of being...
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have made all these friends in congress, really on both sides of the aisle, people who care about the environment. i just love the work, because we haven't gotten there yet, but just meeting all those people who really want to make a difference in that field is important to me. tavis: i am not going to give out your home address, so don't get scared. >> oh, it is in the book, unfortunately, but oh well. tavis: you've lived -- you had a home and spent a great deal of your time in idaho, to your point, in the northern rockies in idaho for about 33 years now, by my count. what has that space, or put another way, being away from the rat race, not being in new york, not being in l.a. except when you wanted to be, what has -- my word, not yours -- the solitude, i suspect, of being in that space done for your songwriting over these 33 years? >> i think it can only have made it better. i think that i am stimulated to write by the turmoil of the city, by the confusion, by the problems, but i am also nourished by the solitude, the closeness to big, vast nature. big places. when people say, "oh, what does w
have made all these friends in congress, really on both sides of the aisle, people who care about the environment. i just love the work, because we haven't gotten there yet, but just meeting all those people who really want to make a difference in that field is important to me. tavis: i am not going to give out your home address, so don't get scared. >> oh, it is in the book, unfortunately, but oh well. tavis: you've lived -- you had a home and spent a great deal of your time in idaho, to...
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you talk about 70 or i think merrill lynch's $50 a barrel call, potential call, it is that kind of environment, it is that one i can't there is oil that is being produced really massively in the middle of the country, makes it to the gulf coast, where we see the production in iraq continue to arise, we see the saudis trying to hold on to market share and others that will force this price down, break the back of the entire prices. >> just to wrap it up here i want you to put it in perspective because consumers and businesses will be very happy with the low energy prices but it also means that prices are down because the economy is not doing so hot, both in the u.s. and globally, right? and that's not a good thing? >> that's right. that's the dark cloud to this silver lining, in that part of this equation and this is not just me forecasting this, opec is worried about it, he stated it, so has the iea if china continues to slow down and they likely will because europe their biggest customer goes into a full-blown recession if not worse, that is going to spell trouble for the global economy, peopl
you talk about 70 or i think merrill lynch's $50 a barrel call, potential call, it is that kind of environment, it is that one i can't there is oil that is being produced really massively in the middle of the country, makes it to the gulf coast, where we see the production in iraq continue to arise, we see the saudis trying to hold on to market share and others that will force this price down, break the back of the entire prices. >> just to wrap it up here i want you to put it in...
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have an environment where we are all working on something. it might be three months that the whole group is together, making the movie. you can say goodbye, or you can say hello. this idea of creating something with other people, i don't know that i had that when i started my career. tavis: does it matter to you now, more than ever, you tell me, to make movies that are saying something? or are you ok with entertainment? >> i don't know that there is pure entertainment. -- i think i have escaped that. i have made films that are less good, but i don't think of anything that is mindless. everything i have done, i feel confident has had a human quality to it. and if you show a human being on film, you're making a political statement. tavis: you are not shy of making political statements. >> i don't think it is outrageously brave, either. i have a certain platform and i have a lot of experiences in certain areas. i am happy to talk about them because i have some experience. tavis: i would not say is the rate is the brave, but any time you take a p
have an environment where we are all working on something. it might be three months that the whole group is together, making the movie. you can say goodbye, or you can say hello. this idea of creating something with other people, i don't know that i had that when i started my career. tavis: does it matter to you now, more than ever, you tell me, to make movies that are saying something? or are you ok with entertainment? >> i don't know that there is pure entertainment. -- i think i have...
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and the it is responsible to threat or po tleningts in the environment. so this is the a good thing. we want the amidala to do this for us because we want to prepare for the threat. we want to either fight or run away or find out more about that potential threat in the environment. but sometimes the amigdala may get it wrong so it may respond too strongly or in times when it's not needed. and we think this might be what is happening in anxiety disorders including post traumatic stress disorder. so the visual on the right is showing activation that's greater in the right amigdala in individuals with post traumatic stress disorder compared to trauma exposed individuals without ptsd. and it turns out in that one study, anyway, and actually several studies the greater the ptsd, the greater the amigdala activation. but there is also another part of the story. and that is medial prefrontal cortex. and that is another brain areas that's actually right in the middle of the two hemispheres of the brain in the front of the brain as shown in the visual this is an ar
and the it is responsible to threat or po tleningts in the environment. so this is the a good thing. we want the amidala to do this for us because we want to prepare for the threat. we want to either fight or run away or find out more about that potential threat in the environment. but sometimes the amigdala may get it wrong so it may respond too strongly or in times when it's not needed. and we think this might be what is happening in anxiety disorders including post traumatic stress disorder....
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he's setting an economic environment that enables the millions of men and women all over the country who are in the private sector to create those jobs, and the figure of 12 million jobs for a first term would be similar to what we've seen in other recoverys from deep recessions in the past. >> susie: but so many c.e.o.s i talk to on our program, c.e.o.s of big companies and small companies, say that they are not hiring because in this weak economy there just isn't the demand to justify new hires. what would governor romney say to that? >> first of all when i speak to business executives, which i do a lot, they of course talk about the weak economy but they also talk about the enormous uncertainty they face in every aspect of their life that really delays long-term investments, whether those investments are in people, factories or equipment. building demand in this country is about making america a place to invest and to grow. that requires a more pro business policy mix than we've seen in the past few years. >> susie: right now the unemployment rate is over 8%. in four years, where
he's setting an economic environment that enables the millions of men and women all over the country who are in the private sector to create those jobs, and the figure of 12 million jobs for a first term would be similar to what we've seen in other recoverys from deep recessions in the past. >> susie: but so many c.e.o.s i talk to on our program, c.e.o.s of big companies and small companies, say that they are not hiring because in this weak economy there just isn't the demand to justify...
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>> when gold what we found is in a negative real interest rate environment, which means that you take interest rates minus inflation, and right now we're in a negative environment, gold tends to grow at over 20% a year. so as long as we're in that environment gold will be attractive, even in spite of this last correction, i think gold will do well especially considering that the fed will probably continue to ease and central banks around the world will continue to ease, which brings down dollars and other currencys and gold will benefit from that. >> tom: we didn't see gold benefit out of the concerns from europe two or three weeks ago, in fact we saw the dollar pop higher and gold sell off, is that a risk for owning goal these days? >> over a short-term base is the markets aren't going to do everything you expect them to do. gold is volatile, gold had a pretty good day the last couple days. so over a long period of time that's what we look at, we think gold will continue to move higher especially in light of the fed easing, but on any given day who knows what will happen. >> tom: i'l
>> when gold what we found is in a negative real interest rate environment, which means that you take interest rates minus inflation, and right now we're in a negative environment, gold tends to grow at over 20% a year. so as long as we're in that environment gold will be attractive, even in spite of this last correction, i think gold will do well especially considering that the fed will probably continue to ease and central banks around the world will continue to ease, which brings down...
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i think it takes little challenges to the environment and europe and here to push politicians in the right direction. the markets have become intolerant of delay. but i think the sharpness and quickness of the move takes the place of the deep move. that's important to know. yes, i do want to buy stocks. it's seldom you get to buy stocks at this kind of valuation. you have to be patient. stocks are cheap for a >> susie: let me go back to the strategy. a lot of people have doubts that even when the europeans take action. it's not going to be something really decisive to fix all the problems. there's doubts about where things go from here. what do you think? >> i think people are wise to have doubts. it's going to take a lolt of commitment, and census building over a period much time. i think mr. draghi pointed down the road. and they'll get there, but it's going to be little tiny steps along the way as they move along. >> let's talk a little bit about tomorrow's job report. are you expect egg good number, a bad number? what does it mean for the market. >> we expect to create 110,000 jo
i think it takes little challenges to the environment and europe and here to push politicians in the right direction. the markets have become intolerant of delay. but i think the sharpness and quickness of the move takes the place of the deep move. that's important to know. yes, i do want to buy stocks. it's seldom you get to buy stocks at this kind of valuation. you have to be patient. stocks are cheap for a >> susie: let me go back to the strategy. a lot of people have doubts that even...
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. >> and in this political environment -- >> >> people have been unemployed and you don't know the circumstances under which they were unemployed. maybe they were downsized because of a correction in their firm or an outside company. >> the white house is watching what is happening. loving every minute of it. >> i am not handing them anything. >> are the republican candidates handing them the white house? >> they are, right now. you're going to have of a lot of fun commenting upon in september and october because there will be commercials, placards, sound bites coming of the white house that is going to secure the nominee with the words being spoken today. my word is, stop it. remember the eleventh commandment. in my heart, it is fodder for what we're going to be talking about and 34 months. >> it will be fun to watch. of course, the candidates have been out trying to get every vote they can. we want to leave you with this little of of how the candidates are trying to get every last vote. >> the ride is almost over in new hampshire. just time for a final campaign stop at the polling station. fin
. >> and in this political environment -- >> >> people have been unemployed and you don't know the circumstances under which they were unemployed. maybe they were downsized because of a correction in their firm or an outside company. >> the white house is watching what is happening. loving every minute of it. >> i am not handing them anything. >> are the republican candidates handing them the white house? >> they are, right now. you're going to have of...
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america," still to come -- robert redford tells us why he is taking on the role looking out for the environment. a court in pakistan has dropped a controversial blasphemy case against a christian girl. the 13-year-old was arrested in august accused of burning pages from the koran and sent to jail for adults. >> this is the last sight of her being taken away under heavy guard. she and her family have been in hiding since then. today's judgment come are rare as it is, is unlikely to change that. it was here in this district that a muslim neighbor accused the christian girls of burning pages of the verses. a mob threatens to set her alight. today, local muslims were reluctant to speak on camera. this man told us that the judgment was wrong. christians here are still fearful for themselves and for the girl. her life be at risk if she came back here? >> yes. >> yes, there are dangers. >> no one expects to see her returning to her former home. the case against her has been dropped, that is no guarantee of safety. the authorities say she and her family will continue to receive protection. campaigners
america," still to come -- robert redford tells us why he is taking on the role looking out for the environment. a court in pakistan has dropped a controversial blasphemy case against a christian girl. the 13-year-old was arrested in august accused of burning pages from the koran and sent to jail for adults. >> this is the last sight of her being taken away under heavy guard. she and her family have been in hiding since then. today's judgment come are rare as it is, is unlikely to...
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thought what is it that happens to people who are just regular people who can turn an are warped by the environment. i wanted to do a film that was a meditation on that and study sisters and lovers and father and son and try not to judge anybody this is not a political statement. i tried to observe and listen to all sides of the conflict. it is not one side. but as the most important thing for the region which is which just want this to be a dialogue. we want to show humanity on all sides. and show what happened. that and is strong but it is a metaphor for what happened. it is the metaphor. i tried and tried and gave it my heart and soul. i came from an honest place and i think sometimes you just hope that comes across. i hope it does. tavis: we were talking about the ending. you do not want to give it away but i am watching and there are two ideas i have about how it will and. you took me in and other direction. i want to ask about that. i thought it had to end this way or that trade. you went somewhere different 3 it was happy ending from the beginning? and did it ever change? how did you settle
thought what is it that happens to people who are just regular people who can turn an are warped by the environment. i wanted to do a film that was a meditation on that and study sisters and lovers and father and son and try not to judge anybody this is not a political statement. i tried to observe and listen to all sides of the conflict. it is not one side. but as the most important thing for the region which is which just want this to be a dialogue. we want to show humanity on all sides. and...